A software flaw in Apple Inc’s iPhones and iPads may allow hackers to build apps that secretly install programs to steal data, send text messages or destroy information, according to an expert on Apple device security.

Here is a video from the researcher Charlie Miller:

http://ObamaPacman.com ObamaPacman

Reuters’s rewrite of Forbes’ article did not mention that Android is also susceptible.

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Technically, Android is more susceptible, since an attacker on iOS would have to get his app into the App Store in the first place, and now Apple knows what to screen for to find this exploit before it gets in the store. Android users could always side-load apps that do similar things.

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FWIW, we have a more technical explanation of the flaw on Ars: http://arst.ch/rik